News 
March 26, 2025 
4 min. 
As the XRP lawsuit reaches a crucial turning point, uncertainty lingers over Ripple’s institutional sales. In an unexpected twist, Ripple has withdrawn its cross-appeal in the ongoing SEC case, raising questions about the injunction’s status. While some speculate that Ripple may resume institutional sales if the SEC lifts restrictions, experts continue to debate the potential compliance requirements.
XRP lawyer Bill Morgan recently shared insights into how the latest legal developments could impact Ripple’s institutional sales. To better understand the situation, let’s examine expert opinions on the lawsuit’s resolution and its potential effects on the broader crypto market.
Can the XRP Lawsuit Resolution Jumpstart Institutional Sales?
Ripple’s decision to withdraw its cross-appeal in the ongoing XRP lawsuit has sparked further discussion. However, questions remain about the injunction’s status and the future of Ripple’s institutional sales.
XRP attorney Bill Morgan addressed the situation in a post on X, emphasizing the potential adjustments Ripple may need to make. Legal expert Fred Rispoli added that even if the injunction is lifted, Ripple must reevaluate its approach to institutional sales.
While Ripple may regain the ability to sell to institutional investors, it must adopt a revised strategy to comply with Judge Analisa Torres’ previous ruling, which classified its initial sales model as an investment contract.
Ripple’s Legal Battle: Institutional Sales Set for a Comeback
Following Ripple CEO Brad Garlinghouse’s announcement that the company had dropped its cross-appeal against the US SEC, speculation has grown over the potential removal of the injunction. Reports suggest that the SEC intends to request the court to lift the injunction it previously secured against Ripple in the XRP case.
In response to this development, influential X user WrathofKahneman underscored the significance of the SEC’s injunction. Legal expert Fred Rispoli weighed in, stating that if the injunction is lifted, Ripple could resume its institutional sales.
Clarifying his stance, Rispoli explained that while Ripple must still adhere to securities regulations, it would be able to sell XRP directly to hedge funds and private equity firms instead of relying on over-the-counter (OTC) desks.
XRP Lawsuit Settlement Sparks Intense Community Debate
The XRP community has been actively discussing the Ripple lawsuit settlement. While some anticipated delays, the case is now nearing its conclusion. However, uncertainty persists regarding the future of institutional sales, prompting legal experts Bill Morgan and Fred Rispoli to weigh in.
Rispoli sparked debate with a thought-provoking analogy: “But if a tree sells unregistered securities in a forest and no SEC is there to prosecute it, did the tree do anything illegal?” His statement raises deeper questions about the interpretation of securities laws and the role of regulatory enforcement.
